787 Lexington Ave Mansfield, OH 44907-1998
- Strip malls
- 4,042 SF
- 0.98 lot acres
Dec 26, 2023
Current Use by Public Records
- Heartland Hearing MFD / Hearing Aid Store
- Arnold Amy / Massage Therapist
Property Details for 787 Lexington Ave
- Year built
- 1955
- Lot size
- 0.98 lot acres
- Property size
- 4,042 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 027-07-190-07-000
- APU
- 270719007000
Description
This exceptional single-tenant office suite, identified as Suite 311, offers 86 square feet of dedicated workspace, ideal for a sole practitioner or individual requiring a private and efficient office environment. Located within a larger building encompassing 27,768 square feet situated on a 0.982-acre lot, this space provides the perfect blend of privacy and accessibility. The suite is categorized as both a traditional and executive office, suggesting a professional and well-maintained building. The single-tenancy aspect ensures quiet and uninterrupted work, eliminating the distractions often associated with shared office spaces. The compact size is perfect for those seeking a cost-effective solution without compromising on privacy or professionalism. This is an excellent opportunity for an individual professional to establish a productive and private workspace in a well-maintained building. The building itself offers a traditional office environment, suitable for a range of professional uses. The location, while not specified, is implied to be desirable given the description's emphasis on the suite's appeal to those seeking a private workspace. The property's size and classification suggest a well-maintained and potentially prestigious address. This is a rare opportunity to secure a private, efficient, and well-located office space. The 86 square foot layout is designed for optimal functionality and privacy, making it an attractive option for a variety of individual professionals. Serious inquiries are encouraged.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $705,000
- ML approach
- $600,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $920,000
- 6.5%
- $845,000
- 7%
- $785,000
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Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.5323
- Latitude
- 40.7349
- CBSA code
- 31900
- CBSA name
- MANSFIELD, OH METROPOLITAN STATISTICAL AREA